Gold Technical Analysis March 23, 2023
The Gold rose 1.44% against the USD on Wednesday and closed at 1968.00. Today in the European session, while the Gold technical Analysis March 23, 2023, is prepared at 5:15 GMT, the XAU/USD is trading at 1975.50, which is 0.33% higher than Yesterday’s close.
The Gold is expected to find support at 1967.00, and a fall-through could take it to the next support level of 1935.00. The pair is expected to find its first resistance at 1983.00, and a rise-through could take it to the next resistance level of 2000.00. Today’s expected trading range is between 1914.00, support, and 2008.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1967.00
Support 2: 1935.00
Support 3: 1914.00
Important resistance levels:
Resistance 1: 1983.00
Resistance 2: 2000.00
Resistance 3: 2008.00